Key Metrics
Fees 30d$34,233
Fees 30d by chain
Hyperliquid L1$34,233
Fees 7d$4,190
Hyperliquid L1$4,190
Fees 24h$302
Hyperliquid L1$302
Cumulative Fees$511,997
Hyperliquid L1$511,997
Revenue 30d$34,233
Revenue 30d by chain
Hyperliquid L1$34,233
Revenue 7d$4,190
Hyperliquid L1$4,190
Revenue 24h$302
Hyperliquid L1$302
Cumulative Revenue$511,997
Hyperliquid L1$511,997
Holders Revenue 30d$0
Holders Revenue 30d by chain
Hyperliquid L1$0
Holders Revenue 7d$0
Hyperliquid L1$0
Holders Revenue 24h$0
Hyperliquid L1$0
Cumulative Holders Revenue$0
Hyperliquid L1$0
Perp Volume 30d$91.31m
Perp Volume 30d by chain
Hyperliquid L1$91.31m
Perp Volume 7d$12.37m
Hyperliquid L1$12.37m
Perp Volume 24h$685,079
Hyperliquid L1$685,079
Cumulative Perp Volume$1.681b
Hyperliquid L1$1.681b
Protocol Information
Kinetiq Markets is a fully onchain perpetuals DEX built on Hyperliquid, powered by kmHYPE — an exchange LST that lets users co-own trading fees and liquidity for global markets.
Sub Category: Hyperliquid Builder
Audits:
Methodology
Fees: Builder-code fees paid by users trading Hyperliquid perps through the Kinetiq Markets interface.View code on GitHubRevenue: Builder-code fees on Hyperliquid perps trades, retained entirely by Kinetiq.View code on GitHubHolders Revenue: View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Kinetiq Markets Perps history
Fees, revenue and holders revenue by UTC calendar month, Dec 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2025 | $10.92 | $10.92 | $0 |
| Jan 2026 | $14,041 | $14,041 | $0 |
| Feb 2026 | $16,295 | $16,295 | $0 |
| Mar 2026 | $9,943 | $9,943 | $0 |
| Apr 2026 | $14,011 | $14,011 | $0 |
| May 2026 | $34,347 | $34,347 | $0 |
| Jun 2026 | $48,414 | $48,414 | $0 |
| Jul 2026 | $76,738 | $76,738 | $0 |
| Aug 2026 | $108,203 | $108,203 | $0 |
| Sep 2026 | $172,628 | $172,628 | $0 |
| Oct 2026 (to date) | $17,367 | $17,367 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/kinetiq-markets-perps
Frequently asked questions
What chains does Kinetiq Markets Perps operate on?
Kinetiq Markets Perps operates on Hyperliquid L1.
How much has Kinetiq Markets Perps generated in fees and revenue?
Over the past 30 days, Kinetiq Markets Perps generated $34,233 in fees. Of that, $34,233 was protocol revenue. Based on the trailing year, the annualized rate is $591,389 in fees and $591,389 in revenue.
How does Kinetiq Markets Perps' TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, Kinetiq Markets Perps ranks #190 by TVL. The category holds $595,976 across 350 protocols, and Kinetiq Markets Perps accounts for 0% of that total. Similar protocols include Ventuals, LiquidBots, Jupiter Prediction, otomate.trade, DESK CLOB, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade Perps, and Axiom Perps.
How much perpetual futures volume does Kinetiq Markets Perps process?
Kinetiq Markets Perps processed $91.31m in perpetual futures volume over the past 30 days.